National Daily Direct Hogs Morning
LM_HG202
Des Moines, Iowa                Wed, Oct 09, 2019               USDA Market News

NATIONAL DAILY DIRECT MORNING HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Wednesday, October 9, 2019
(Includes information from 1:30 PM to 9:30 AM.)

                          CURRENT VOLUME BY PURCHASE TYPE
                      BARROWS & GILTS LIVE AND CARCASS BASIS

                                      Estimated     Actual     Actual     Actual
                                          Today      Today   Week Ago   Year Ago
Producer Sold
Negotiated                                7,142      5,312      4,131      5,068
Other Market Formula (Futures/Options)   47,733     43,507     25,925     29,554
Swine or Pork Market Formula             97,625     89,813     83,301     90,747
Other Purchase Arrangement               79,751     71,056     57,146     60,704
Negotiated Formula                          163        163          0      1,344
Packer Sold (all purchase types)         16,392     16,392     16,665      7,762
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 7,670

Compared to Prior Day's closing weighted average (LM_HG200),  0.34 higher

Base Price Rng $49.50 - $55.50, Wtd Avg $52.59, 5 Day Rolling Avg $50.33
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 0                     5 Day Rolling Avg $--
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        COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 7,670

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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               NATIONAL DAILY DIRECT NEGOTIATED HOG PURCHASE MATRIX
           REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS
       based on both Fat and Muscle Measurements for a 200 lb Carcass Basis

*Price not reported due to confidentiality*
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                           CARCASS WEIGHT DIFFERENTIALS

    145#   -30.00 -5.13          175#   -3.00  1.00          205#   -4.10  3.00
    155#   -30.00  0.00          185#   -0.25  2.00          215#   -4.10  3.00
    165#   -15.00  0.00          195#   -1.03  3.00          225#   -4.10  2.00
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                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

*Price not reported due to confidentiality*
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          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 96,536

Base Price Range $48.49 - $76.95, Weighted Average $60.19
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                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 575

Compared to Prior Day's closing weighted average (LM_HG200), 0.57 lower

Price Rng $37.00 - $41.00, Wtd Avg $39.18, 5 Day Rolling Avg $39.03
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               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 163

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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    COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 738

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN

Canada                  733               Iowa                  84,012
Illinois             16,377               Indiana               16,224
Kansas                3,100               Kentucky               1,003
Maryland                164               Michigan               4,474
Minnesota            37,759               Missouri               2,737
Mississippi             262               Montana                  436
North Carolina       23,459               North Dakota              75
Nebraska             10,999               New York                 170
Ohio                 10,070               Oklahoma               3,068
Pennsylvania          1,522               South Carolina         1,260
South Dakota          4,517               Tennessee                652
Virginia                110               Wisconsin              3,060
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*Price not reported due to confidentiality, for more information visit: 
www.ams.usda.gov/sites/default/files/media/ConfidentialityGuidelines.pdf

*Base Price is the price from which no discounts are subtracted and no premiums
are added.

Source:    USDA Livestock, Poultry & Grain Market News Division, Des Moines, IA
           515-284-4460      email:  desm.lpgmn@ams.usda.gov
           24 Hour recorded market information 515-284-4830
           www.ams.usda.gov/market-news/livestock-poultry-grain

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